Boeing reported a second-quarter net profit of $1.8 billion, reversed from a net loss of $234 million in the 2016 June quarter when the company incurred several pre-tax charges—including R&D charges related to commercial aircraft programs—that weighed down earnings. Boeing’s 2017 second-quarter revenue dropped 8.5% year-over-year (YOY) to $22.7 billion, but the revenue dip was outweighed by a 17.5% decrease in expenses to $18.4 billion, producing an operating profit of ...

Subscribe to Access this Entire Article

"Boeing bullish after $1.8 billion 2Q net profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.